Despite recent economic improvements, Liverpool’s economy continues to struggle in comparison to regional and national economic performance. This report provides quantitiative economic estimates of the impact of the LARC members. Concludes that the impact is equivalent of 868 FTE jobs in Liverpool City;and 1,052 FTE jobs in Liverpool City Region. Economic return on investment is £1.75 of GVA generated in Liverpool City for every £1 of public money invested. Suggests that in 2011, the wider arts sector contributes £85m (or 1%) towards Liverpool’s total GVA.

Roger Tym & Partners, Burns-Collett, NEMS Market Research
Liverpool Arts Regeneration Consortium
September 2011
Economic impact of the Liverpool Arts Regeneration Consortium